BPCL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | BPCL | Market Cap | 1,37,227 Cr. | Current Price | 316 ₹ | High / Low | 392 ₹ |
| Stock P/E | 5.21 | Book Value | 220 ₹ | Dividend Yield | 5.53 % | ROCE | 32.1 % |
| ROE | 29.9 % | Face Value | 10.0 ₹ | DMA 50 | 304 ₹ | DMA 200 | 323 ₹ |
| Chg in FII Hold | 1.11 % | Chg in DII Hold | -1.04 % | PAT Qtr | 5,094 Cr. | PAT Prev Qtr | 7,545 Cr. |
| RSI | 62.1 | MACD | 3.06 | Volume | 83,56,315 | Avg Vol 1Wk | 1,22,25,278 |
| Low price | 267 ₹ | High price | 392 ₹ | PEG Ratio | 0.05 | Debt to equity | 0.22 |
| 52w Index | 39.7 % | Qtr Profit Var | 13.7 % | EPS | 53.7 ₹ | Industry PE | 5.37 |
📊 Analysis:
BPCL shows strong intraday potential today. RSI at 62.1 indicates bullish momentum, while MACD at 3.06 confirms positive crossover. Current price (316 ₹) trades above the 50 DMA (304 ₹) and near the 200 DMA (323 ₹), reflecting short-term strength but medium-term resistance. Volume (83,56,315) is below the weekly average (1,22,25,278), suggesting reduced participation.
Optimal buy zone: 312–317 ₹.
Profit-taking levels: 325–332 ₹.
Stop-loss: 308 ₹.
If already holding, exit intraday if price fails to sustain above 312 ₹ or RSI weakens below 60 with declining volume. Consider partial profit booking if price sustains above 325 ₹ with strong momentum.
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✅ Positive
- Strong ROCE (32.1%) and ROE (29.9%) highlight efficiency.
- Low P/E (5.21) vs industry (5.37) indicates fair valuation.
- High dividend yield (5.53%) supports investor returns.
- EPS of 53.7 ₹ shows robust earnings base.
⚠️ Limitation
- Quarterly PAT decline (7,545 Cr. → 5,094 Cr.) shows earnings pressure.
- Volume below average reduces conviction for breakout trades.
- Price near 200 DMA (323 ₹) may act as resistance.
📉 Company Negative News
- DII holdings reduced (-1.04%), showing domestic institutional caution.
- Sequential PAT decline highlights short-term weakness.
📈 Company Positive News
- FII holdings increased (+1.11%), reflecting foreign investor confidence.
- Quarterly profit growth of 13.7% adds stability despite sequential decline.
🏭 Industry
- Oil & gas sector trades at industry PE of 5.37.
- Energy demand outlook remains strong, supporting fundamentals.
🔎 Conclusion
⚡ BPCL is a strong intraday candidate today with solid fundamentals and bullish technical indicators. Buy near 312–317 ₹, target 325–332 ₹, and maintain a strict stop-loss at 308 ₹. Exit intraday if price weakens below 312 ₹ or RSI drops under 60 with low volume. Quick profit booking is recommended given sector volatility.
Would you like me to extend this into a short-term technical outlook to evaluate if BPCL can break above its 200 DMA resistance in the coming sessions?